(NLDO) - Vietnam's training system has the potential to meet the demand for highly qualified human resources, if there is a closer connection between universities and businesses.
At the "University - Business - Locality Connection Day" organized by Ho Chi Minh City National University on the afternoon of February 22, Mr. Pham Phu Ngoc Trai, Founder and Chairman of GIBC, said that Vietnam has more than 2 million university students. Of the hundreds of thousands of students graduating each year, only about 60% find jobs in their major. This figure reflects the imbalance between university training programs and the actual needs of the labor market. As a result, many businesses have difficulty recruiting personnel with suitable skills.
Three limitations of students
Mr. Pham Phu Ngoc Trai said that the input quality of Vietnamese students is assessed as quite good, but the output still has many limitations, especially in three important aspects: soft skills, adaptability and practical application capacity.
This gap puts businesses in a difficult position, forcing them to spend significant resources to retrain new employees, increasing costs and prolonging integration time.
Mr. Pham Phu Ngoc Trai talks about the current university-enterprise relationship
Businesses in Vietnam currently use three main human resources sources: recruiting from the free market, internal training, and recruiting new graduates. However, each source has its own characteristics and challenges.
Recruiting from the free labor market, businesses have to compete fiercely to attract and retain talent, while facing increasingly high recruitment and training costs. Internal training, although considered potential, has not been optimally exploited, this approach still faces many limitations due to the lack of effective cooperation with universities.
Every year, hundreds of thousands of graduates enter the labor market, but most of them still do not meet the immediate requirements of businesses because students have a good grasp of theory but lack practical experience, critical thinking, communication skills and the ability to work in a team. Recruiting new graduates is an opportunity but requires additional training.
Multinational corporations have successfully implemented the management trainee model for decades in Vietnam and other countries. This is an effective way to develop a young leadership team right from university graduation.
Need breakthrough policy
The lack of connection between training, research and practical application is creating a large gap between universities, businesses and the labor market. According to Mr. Pham Phu Ngoc Trai, to solve this problem, it is necessary to build a real cooperation ecosystem - where businesses, universities and the state work closely to co-create, transfer technology and develop high-quality human resources.
The State needs to create an open legal corridor and encourage public-private partnership models in research, training and technology transfer. Specifically, Reform tax and financial policies towards corporate income tax incentives for companies investing in research and development or funding university research. Fund to support innovation, focusing on high-tech fields such as artificial intelligence (AI), biotechnology, renewable energy, smart manufacturing.
Develop programs to order applied research, closely linking the practical needs of businesses with the research orientation of universities. Form research centers of cooperation between the state, businesses and universities, helping to accelerate the process of technology commercialization.
Universities need to be given greater autonomy, thereby transforming their training models towards practice, closely following business needs. Linking training programs to business realities, building an innovation ecosystem in schools; enhancing technology transfer and cooperation with businesses.
For businesses, they are not only employers but also strategic investors in human resources and technology. They must cooperate closely with universities in training human resources; increase investment in research and development, and promote innovation.
What are the advantages of the trainee management model?
Applying the trainee management model, businesses select and train talented people systematically, helping students access a professional working environment early. Businesses proactively build a workforce of successors, instead of having to compete fiercely in the freelance labor market, while at the same time creating motivation for personal and career development for students, helping them to stay with the business for a long time.
This is a model that Vietnamese businesses need to learn from and replicate. However, to do that, there needs to be strategic cooperation between universities and businesses to build training programs that are suitable to the actual needs of the labor market.
If there is a close connection between businesses and universities, students will have early access to work reality, helping to significantly shorten the retraining time after graduation.
Source: https://nld.com.vn/ceo-luong-huu-cao-nhat-viet-nam-neu-3-han-che-cua-sinh-vien-196250222172647543.htm
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